A debt-to-income ratio under 36% is ideal ...
Perhaps no part of daily life changed as much by the COVID-19 pandemic as mobility—how often residents leave their homes and where they go. With stay-at-home orders in effect for large parts of last ...
America’s love affair with new cars is colliding with a financial nightmare. According to a new report from the Consumer Federation of America (CFA), total U.S. auto loan debt has ballooned to an ...
DAYTON — Ohioans are facing financial strain as auto loan interest rates climb to nearly 11%, surpassing the national average of over 8%. Americans collectively hold $1.7 trillion in auto debt, ...
U.S. consumers owe a record $1.66 trillion in auto loan debt, according to the Consumer Federation of America, making it the largest category of consumer debt after mortgages. Nearly one in five (19.3 ...
Newly published data from Edmunds shows that upside-down car loan debt hit an all-time high in the third quarter of 2025. 28.1 percent of cars traded in during Q3 2025 were worth less than what the ...
Rising car prices and long loan terms are leaving more American drivers owing far more on their vehicles than they are worth.
On October 22, 2025, the U.S. auto lending industry was rocked when PrimaLend Capital Partners, a major subprime lender based in Plano, Texas, filed for Chapter 11 bankruptcy. The collapse of ...
Our cars are costing us a lot more. Florida is one of 10 states falling deeper into debt over car loans according to a new study by WalletHub. The state has seen about a quarter of a percent increase ...
Cash-out auto refinancing might help you secure better loan terms and access a lump sum of cash, but there are drawbacks to ...
Auto loan interest rates surged across the United States in the second quarter of 2025. According to a new report from personal-finance company WalletHub, some states are experiencing increases of up ...